TYCOON

Hyderabad: The Hyderabad Police has solved the Banjara Hills firing case within 24 hours and declared a 37-year-old former CRPF constable Puli Obulesh as the main accused in the case. The police have seized an AK-47 with magazines, seven live rounds, 10 empty cartridges, rope, knife and a wig that...

London: An Indianorigin business tycoon dubbed 'King Con' has been found guilty by a British court of fleecing wealthy investors of nearly $20 million. Ketan Somaia, 52, a former Kenya resident who moved to the UK, was convicted on Friday by the Old Bailey Court of nine counts of obtaining...

Singapore: Indian origin property magnate Raj Kumar Hiranandani and Asok Kumar Hiranandani have been named among Singapore's top ten richest property tycoons and the two have a collective net worth of $2.6 billion, says a WealthX report.
Raj Kumar Hiranandani, owner of the Royal Holdings Organisation was placed in the second...

Beijing: China's real estate group ZhongRong has unveiled plans to rebuild London's famous Crystal Palace Park that was damaged by a fire in 1936, a media report said Friday.
The group announced that it would build a replica of the Crystal Palace, famous for housing the Great Exhibition of 1851, reported...

An Indian-born business tycoon has spent a whopping 50 million pounds to transform a decaying townhouse into a mega mansion in the heart of London. Prakash Lohia, whose fortune is estimated at almost 2 billion pounds, recruited a small army of historians, designers and craftsmen to restore the historic Georgian...

Indore: A yoga teacher has been detained by Delhi Crime Branch in connection with the murder of BSP leader Deepak Bhardwaj, officials said in Indore.
Avinash Shastri, said to be the yoga trainer of a "spiritual guru," suspected to be behind Bhardwaj's murder allegedly over a land dispute, was detained from...

New Delhi: The investigation into the murder of billionaire Bahujan Samaj Party leader and real estate tycoon Deepak Bhardwaj point towards Mahant Pratimanand. The Delhi Police has already raided several places in Delhi and Uttarakhand to locate and apprehend mahant but have not able to locate him. The police suspect...

London: Russian oligarch Boris Berezovsky was found with a "ligature around his neck" and a piece of similar material on a shower rail in his British home, an inquest into his death heard on Thursday. The 67yearold Kremlin critic, who survived numerous assassination attempts, including a bomb that decapitated his...

London: Russian oligarch Boris Berezovsky, whose body was found in the locked bathroom of his luxury mansion near London over the weekend, died by hanging, British police said on Monday. An autopsy showed no signs of a violent struggle but further tests would be carried out, including toxicology and histology...

A former Russian tycoon, Boris Berezovsky, was found dead under mysterious circumstances in his house. A one time ally of Vladimir Putin, he's believed to have fallen out with him. The police are now looking for chemical evidence after a radiation detector went off in his house.
...

London: British police on Sunday said they have no evidence to suggest thirdparty involvement in the death of Boris Berezovsky, the selfexiled Russian tycoon who went from Kremlin kingmaker to fiery critic.
With an investigation underway, police are treating the death of Berezovsky, who fled to Britain in the early...

Selfexiled Russian tycoon Boris Berezovsky has been found dead under mysterious circumstances in the United Kingdom. Initial reports suggest he died in his bath at his house in Surrey. Police are now investigating the cause of death.
The 67yearold was one of Putin's fiercest and most public critics. In recent years,...

Ranchi: A Jharkhandbased tribal body today said it would continue to oppose steel tycoon LN Mittal's project in the state.
"We will not allow any new steel company in Jharkhand.
They (industrialists) are out to destroy forest and fertility of agricultural land. Forty villages in Gumla and Khunti districts will be affected...

New Delhi: Former cricketer and financier Allen Stanford was convicted on Tuesday for the biggest investment fraud ever. A whopping sum of $7 billion fraud investment landed Allen Stanford in the Texas court where he was declared found guilty on 13 counts of a 14count criminal indictment. Having spend...

Moscow: A judge in Moscow has found former Russian oil tycoon Mikhail Khodorkovsky and his business partner guilty of corruption charges, staterun RIANovosti and Interfax news agencies said Monday.
The trial, which began in March 2009, was the second for the two men.
Khodorkovsky and his business partner, Platon Lebedev, were charged...

Mehmood Khan grew up in Mewat, Haryana, one of the most backward districts in the country. Hard work and native intelligence took him to London, headquarters to consumer products giant Unilever, where he was head of global innovation. While there, he decided to use his network and business skills to...

Abu Dhabi: Got a million dollars to splurge on a holiday? You stand to figure in the Guinness Book of World Records.
A hotel in the United Arab Emirates (UAE) is hoping to enter the book of records by offering what is being dubbed as the world's most expensive holiday package.
Priced...

Mumbai: The financial capital of the country has just got another honour.
A Forbes magazine listing on cities with the largest number of billionaires has placed Mumbai in the seventh spot, ahead of Tokyo and San Francisco. The list says Mumbai is home to 20 billionaires.
Forbes put the net worth of...

It could be billed as a clash between archaic economic nationalism and nerves of steel. In early, 2006, world's second largest steel conglomerate, Arcelor did not appear to take kindly the takeover bid by its rival Mittal Steel, disparagingly referred as a "company of Indians".
The offer was famously rejected...

Mumbai: Building profitable business empires is second nature to Hutchison Whampoa Chairman Li Ka Shing. The reticent tycoon will now be smiling all the way to the bank after the Vodafone offer.
Li is as shrewd a businessman as you will ever find. That's why he's one of the most successful...

New Delhi: Steel tycoon L N Mittal has made it to yet another billionaire club of Forbes business magazine for hosting the most extravagant wedding affair of the century.
Mittal outscored billionaires like Donald Trump of US, luxury titan Bernard Arnault of France and Andrei Melnichenko of Russia with a...